125-175 Powder Forest Drive_Property for Sale
125-175 Powder Forest Drive_Property for Sale
Simsbury, CT, US, Americas

125-175 Powder Forest Drive

Portfolio description

As exclusive sales agent, JLL is pleased to offer 125 & 175 Powder Forest Drive (the “Properties”), two office buildings totaling 129,604 square feet located in Simsbury, Connecticut.


The Properties offer an investor the opportunity to acquire high-quality office assets at a substantial discount to replacement cost. Currently 50% occupied, the Properties present future ownership with significant value-add upside through the lease-up of remaining vacancy. 15.1 years of tenure signals the current tenants' commitment to the Properties, and 2.9 years of WALT provides contractual cash flow during lease-up.


The Properties are privately nestled in a wooded multifamily and commercial development less than one mile from downtown Simsbury, an affluent suburban community conveniently located between Hartford, CT and Springfield, MA.


The Properties are being offered as-is, free and clear of any debt, and as part of a lender-facilitated sale.

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Attributes

Building area gross
129,604 sf
Buildings
2
Occupancy
50%
Year built
1984
Land area gross
22.85 acres
WALT
2.9 years
125-175 Powder Forest Drive (2 Properties)
125-175 Powder Forest Drive (2 Properties)

Media

Investment highlights

  • Significant Discount to Replacement Cost


  • Value-Add Upside Through Vacancy Leasing


  • Affluent Connecticut Suburban Location


  • High-Quality Physical Attributes
125-175 Powder Forest Drive 4_Property for Sale
125-175 Powder Forest Drive 4_Property for Sale

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Last updated
Feb 5, 2025